Michael Jordan selling majority ownership stake of Charlotte Hornets
Geeks + Gamers › Forums › Sports › Basketball › Michael Jordan selling majority ownership stake of Charlotte Hornets
- This topic has 3 replies, 3 voices, and was last updated 1 year, 5 months ago by
comicsgate.
- AuthorPosts
- June 20, 2023 at 11:06 am #301814
Michael Jordan selling majority ownership stake of Charlotte Hornets
Michael Jordan is finalizing a deal to sell the majority share of the Charlotte Hornets, the franchise announced Friday, leaving the 30-team NBA without any Black majority ownership.
Did they need put race into that?
“In the same way that it’s wonderful that one of our greatest, Michael Jordan, could become the principal governor of a team, he has the absolute right to sell at the same time,” NBA Commissioner Adam Silver said earlier this month at the NBA Finals. “Values have gone up a lot since he bought that team, so that is his decision.”
How much?
Jordan plans to keep a minority stake in the Hornets, the team he bought in 2010 for about $275 million.
…
The sale price was not immediately announced; ESPN, citing sources, said the franchise was being valued at $3 billion.
Not bad.
At this time, we don’t know how much of a stake Jordan will keep.
June 20, 2023 at 12:00 pm #301815It’s very interesting that Larry Fink and BlackRock put race and gender into everything, except things like NBA ownership.
The NBA seems exempt from all the racial quotas and forced attitudes of Larry Fink.
This discrepancy cannot be explained away by “capitalism.”June 20, 2023 at 1:30 pm #301816It’s all about ESG at this point for those big companies.
Clearly the NBA and NFL should be renamed “The Hypocrisy Games” as they drone on about racism and oppression as they create one black millionaire after another. Do not get me wrong, such physically gifted folks are very rare and should garner a large salary for that reason and since they are always at risk of losing it via injury. I see that as a supply and demand thing.
But clearly it is cognitive dissonance to complain there are too many white coaches but we see nothing at all wrong with most of the players being black. If black men can be superior athletes why cannot white men be superior coaches? I see no problem with either thing being true as both leagues should be a 100% meritocracy in my opinion.
June 20, 2023 at 1:56 pm #301817My thing is the leagues called Americans racist and now they are buying out the one black owner. All that BLM virtue-signaling as they buy out the one black. So much for equity.
- AuthorPosts
- You must be logged in to reply to this topic.
